The Independent Authority for Fiscal Responsibility (AIReF) has endorsed the forecast scenario proposed by the Balearic Islands for 2020 and 2021.
According to the law creating AIReF, the forecasts that are incorporated into the draft budgets of Public Administrations must have a report from AIReF indicating whether they have been endorsed or not. Specifically, this report assesses the macroeconomic forecasts that will accompany the draft budget for 2021 of the Balearic Islands.